Dajin Heavy Industry Corp Net Assets
Dajin Heavy Industry Corp net assets. Based on the latest financial reports, Dajin Heavy Industry Corp (002487) has net assets worth CN¥8.05 Billion CNY (≈ $1.18 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥14.23 Billion ≈ $2.08 Billion USD) and total liabilities (CN¥6.18 Billion ≈ $904.17 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset momentum of Dajin Heavy Industry Corp to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.05 Billion |
| % of Total Assets | 56.58% |
| Annual Growth Rate | 31.64% |
| 5-Year Change | 201.72% |
| 10-Year Change | 342.79% |
| Growth Volatility | 125.11 |
Net Assets of Dajin Heavy Industry Corp (2007–2024)
Net assets of Dajin Heavy Industry Corp from 2007 to 2024. This chart illustrates how Dajin Heavy Industry Corp's net assets have evolved over time, based on quarterly financial data. See Dajin Heavy Industry Corp balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Dajin Heavy Industry Corp (2007–2024)
The table below shows the annual net assets of Dajin Heavy Industry Corp from 2007 to 2024. For live market cap and overall valuation, see market cap of Dajin Heavy Industry Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.27 Billion ≈ $1.06 Billion |
+5.18% |
| 2023-12-31 | CN¥6.91 Billion ≈ $1.01 Billion |
+6.26% |
| 2022-12-31 | CN¥6.51 Billion ≈ $952.18 Million |
+116.98% |
| 2021-12-31 | CN¥3.00 Billion ≈ $438.84 Million |
+24.43% |
| 2020-12-31 | CN¥2.41 Billion ≈ $352.68 Million |
+20.05% |
| 2019-12-31 | CN¥2.01 Billion ≈ $293.79 Million |
+10.67% |
| 2018-12-31 | CN¥1.81 Billion ≈ $265.46 Million |
+4.32% |
| 2017-12-31 | CN¥1.74 Billion ≈ $254.47 Million |
+2.12% |
| 2016-12-31 | CN¥1.70 Billion ≈ $249.19 Million |
+3.69% |
| 2015-12-31 | CN¥1.64 Billion ≈ $240.32 Million |
+5.73% |
| 2014-12-31 | CN¥1.55 Billion ≈ $227.29 Million |
+2.88% |
| 2013-12-31 | CN¥1.51 Billion ≈ $220.93 Million |
+1.96% |
| 2012-12-31 | CN¥1.48 Billion ≈ $216.68 Million |
+1.25% |
| 2011-12-31 | CN¥1.46 Billion ≈ $214.00 Million |
+3.76% |
| 2010-12-31 | CN¥1.41 Billion ≈ $206.24 Million |
+535.00% |
| 2009-12-31 | CN¥221.96 Million ≈ $32.48 Million |
+73.47% |
| 2008-12-31 | CN¥127.95 Million ≈ $18.72 Million |
+88.57% |
| 2007-12-31 | CN¥67.85 Million ≈ $9.93 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Dajin Heavy Industry Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6007.9% over the analyzed period, indicating profitable operations and earnings retention.
Dajin Heavy Industry Corp Net Assets Breakdown (December 2024)
Dajin Heavy Industry Corp net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.73 Billion | 37.55% |
| Common Stock | CN¥637.75 Million | 8.77% |
| Other Components | CN¥3.90 Billion | 53.68% |
| Total Equity | CN¥7.27 Billion | 100.00% |
Dajin Heavy Industry Corp Competitors by Market Cap
The table below lists competitors of Dajin Heavy Industry Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KAR Auction Services Inc
NYSE:KAR
|
$3.03 Billion |
|
Xenon Pharmaceuticals Inc
NASDAQ:XENE
|
$3.03 Billion |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
$3.03 Billion |
|
Tarsus Pharmaceuticals Inc
NASDAQ:TARS
|
$3.03 Billion |
|
Aveanna Healthcare Holdings Inc
NASDAQ:AVAH
|
$3.03 Billion |
|
HBIS Co Ltd
SHE:000709
|
$3.03 Billion |
|
OceanaGold Corporation
F:RQQ
|
$3.02 Billion |
|
Craftsman Automation Limited
NSE:CRAFTSMAN
|
$3.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dajin Heavy Industry Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,914,166,614 to 7,272,009,260, a change of 357,842,646 (5.2%).
- Net income of 473,874,870 contributed positively to equity growth.
- Dividend payments of 120,387,675 reduced retained earnings.
- Other comprehensive income decreased equity by 93,527,333.
- Other factors increased equity by 97,882,784.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥473.87 Million | +6.52% |
| Dividends Paid | CN¥120.39 Million | -1.66% |
| Other Comprehensive Income | CN¥-93.53 Million | -1.29% |
| Other Changes | CN¥97.88 Million | +1.35% |
| Total Change | CN¥- | 5.18% |
Book Value vs Market Value Analysis
This analysis compares Dajin Heavy Industry Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.85x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 193.05x to 2.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.17 | CN¥32.42 | x |
| 2008-12-31 | CN¥0.32 | CN¥32.42 | x |
| 2009-12-31 | CN¥0.55 | CN¥32.42 | x |
| 2010-12-31 | CN¥3.21 | CN¥32.42 | x |
| 2011-12-31 | CN¥2.75 | CN¥32.42 | x |
| 2012-12-31 | CN¥2.59 | CN¥32.42 | x |
| 2013-12-31 | CN¥2.76 | CN¥32.42 | x |
| 2014-12-31 | CN¥2.96 | CN¥32.42 | x |
| 2015-12-31 | CN¥3.01 | CN¥32.42 | x |
| 2016-12-31 | CN¥3.10 | CN¥32.42 | x |
| 2017-12-31 | CN¥3.35 | CN¥32.42 | x |
| 2018-12-31 | CN¥3.27 | CN¥32.42 | x |
| 2019-12-31 | CN¥3.68 | CN¥32.42 | x |
| 2020-12-31 | CN¥4.39 | CN¥32.42 | x |
| 2021-12-31 | CN¥5.40 | CN¥32.42 | x |
| 2022-12-31 | CN¥11.71 | CN¥32.42 | x |
| 2023-12-31 | CN¥10.90 | CN¥32.42 | x |
| 2024-12-31 | CN¥11.36 | CN¥32.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dajin Heavy Industry Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.54%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.59x
- Recent ROE (6.52%) is below the historical average (11.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 23.42% | 8.93% | 1.13x | 2.33x | CN¥9.11 Million |
| 2008 | 47.21% | 19.32% | 1.23x | 1.98x | CN¥47.61 Million |
| 2009 | 42.57% | 22.71% | 0.88x | 2.13x | CN¥72.28 Million |
| 2010 | 6.93% | 15.87% | 0.41x | 1.08x | CN¥-43.25 Million |
| 2011 | 3.64% | 12.28% | 0.28x | 1.04x | CN¥-92.97 Million |
| 2012 | 2.06% | 7.89% | 0.24x | 1.09x | CN¥-117.61 Million |
| 2013 | 2.42% | 10.33% | 0.18x | 1.28x | CN¥-114.52 Million |
| 2014 | 3.04% | 15.37% | 0.16x | 1.28x | CN¥-108.06 Million |
| 2015 | 5.64% | 11.64% | 0.33x | 1.47x | CN¥-71.56 Million |
| 2016 | 4.19% | 7.43% | 0.37x | 1.51x | CN¥-98.90 Million |
| 2017 | 2.39% | 4.06% | 0.37x | 1.58x | CN¥-132.40 Million |
| 2018 | 3.46% | 6.47% | 0.33x | 1.63x | CN¥-118.66 Million |
| 2019 | 8.75% | 10.41% | 0.46x | 1.84x | CN¥-25.13 Million |
| 2020 | 19.29% | 13.98% | 0.71x | 1.93x | CN¥224.01 Million |
| 2021 | 19.25% | 13.03% | 0.67x | 2.22x | CN¥277.51 Million |
| 2022 | 6.92% | 8.82% | 0.45x | 1.73x | CN¥-200.43 Million |
| 2023 | 6.15% | 9.83% | 0.42x | 1.48x | CN¥-266.26 Million |
| 2024 | 6.52% | 12.54% | 0.33x | 1.59x | CN¥-253.33 Million |
Industry Comparison
This section compares Dajin Heavy Industry Corp's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $3,248,652,054
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dajin Heavy Industry Corp (002487) | CN¥8.05 Billion | 23.42% | 0.77x | $3.03 Billion |
| China International Marine Containers Group Ltd (000039) | $17.54 Billion | 18.04% | 1.34x | $3.23 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $226.97 Million | 1.05% | 0.40x | $263.73 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $832.24 Million | 2.58% | 0.83x | $277.98 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $329.96 Million | 28.81% | 0.69x | $714.87 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $3.81 Billion | 10.91% | 0.47x | $1.10 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $4.58 Billion | 8.45% | 1.44x | $1.07 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $1.43 Billion | 2.13% | 0.64x | $225.48 Million |
| Guangzheng Group Co Ltd (002524) | $336.93 Million | 9.53% | 3.42x | $272.98 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $146.06 Million | 25.37% | 3.94x | $2.13 Billion |
About Dajin Heavy Industry Corp
Dajin Heavy Industry Co.,Ltd. develops, produces, and sells wind power equipment in China. The company offers single pile, transition section, tower, jacket, and floating foundation products. It is also involved in international shipping fleet; and new energy investment and development businesses. Dajin Heavy Industry Co.,Ltd. was founded in 2000 and is based in Beijing, China.